MSME

Encourage Capital’s Fund For Indian Rooftop Segment Closes at $40 Mn

Encourage Capital has announced the first closing of a new fund at $40 million, which will invest in Indian commercial rooftop solar segment Encourage Capital, LLC, an impact investment asset manager and advisory firm, has announced the first closing of a new private equity fund, Encourage Solar Finance, L.P. at $40 million. The fund will […]

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UP Govt. Decides to Give Solar Charkhas, Khadi Benefits to Weavers

Although the solar charkhas are used in other states as well but the cloth that is produced from these charkhas is not considered as khadi. This deprives the weavers of government benefits under khadi promotion. In order to double their income and improve the efficiency of yarn spinners of UP, the state government is planning […]

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Solar Charkha Mission Launched by President Ram Nath Kovind

The Ministry of Micro Small and Medium Enterprise (MSME) will cover 50 clusters under this mission and 400 to 2000 artisans will be employed by each cluster. To generate the employment in rural areas, and disburse a subsidy of Rs 550 crore to thousands of artisans, President Ram Nath Kovind launched the Solar Charkha Mission […]

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CITD installs 50 kWp roof top solar, becomes first MSME institute to go solar

The Central Institute of Tool Design (CITD) has become the first ever Ministry of Micro Small and Medium Enterprises (MSME) institute to adopt solar. Established in 1968, the CITD is the first tool room in India. The institute offers courses to 11000 to 12000 students per year out of whom 300 are residential scholars. The […]

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